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Letter to BS: SBI should be more pragmatic in finding buyers for Jet

They should be willing to sell a clean product without any baggage of old staff and any other ties with the past owners

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Business Standard New Delhi
This refers to “Airlines in India may skip Jet takeover deal” by Arindam Majumder, Shally Seth Mohile and Nivedita Mookerji (March 28). It is quite clear that selling Jet Airways is not going to be an easy task. The State Bank of India’s (SBI) expectations to find a buyer and its assertion that the banks hope to conclude the deal by May is just a pipe dream. The consortium, especially SBI, should be more pragmatic. Having been witness to the Air India sale saga for years, one would've thought, we had learnt some lessons.

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First Published: Mar 28 2019 | 9:53 PM IST

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